Affordable housing now crosses Rs 45 lakh — but govt limit stays unchanged

India's urban areas face a growing affordable housing crisis, with the deficit projected to reach 30 million units by 2030. Developers are shifting focus away from affordable homes due to land scarcity and financial viability challenges, leading to a significant drop in new affordable housing launches.

Affordable housing now crosses Rs 45 lakh — but govt limit stays unchanged
India's urban areas face a growing affordable housing crisis, with the deficit projected to reach 30 million units by 2030. Developers are shifting focus away from affordable homes due to land scarcity and financial viability challenges, leading to a significant drop in new affordable housing launches.